Carlyle Group May Buy Major CIA Contractor: Booz Allen Hamilton

Carlyle Group May Buy Major CIA Contractor: Booz Allen Hamilton

www.corpwatch.org

The Carlyle Group, one of the world’s largest private equity funds, may soon acquire the $2 billion government contracting business of consulting giant Booz Allen Hamilton, one of the biggest suppliers of technology and personnel to the U.S. government’s spy agencies. Carlyle manages more than $75 billion in assets and has bought and sold a long string of military contractors since the early 1990s. But in recent years it has significantly reduced its investments in that industry. If it goes ahead with the widely reported plan to buy Booz Allen, it will re-emerge as the owner of one of America’s largest private intelligence armies.

(visit the link for the full news article)

 

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[edit on 9/3/2008 by khunmoon]

Seems like Bush wants to buy up CIA spy company with dads buddies the Carlyle Group. I guess that way they can try to have some control after he steps down from office.

www.corpwatch.org
(visit the link for the full news article)

Since the late-1990s, Booz Allen has forged a particularly close relationship with the NSA, the spy agency that monitors global telephone, e-mail and Internet traffic for the U.S. military and political leaders, which hired Booz Allen as its chief outside consultant on Project Groundbreaker. This $4 billion project outsourced the NSA’s internal communications and networking systems to a consortium led by Computer Sciences Corporation (CSC) and the IT subsidiary of Northrop Grumman.

Today, among the many services Booz Allen provides to intelligence agencies, according to its Website, are war-gaming – simulated drills in which military and intelligence officials test their response to potential threats like terrorist attacks – as well as data-mining and analysis of imagery and intelligence picked up by U.S. spy satellites, the design of cryptographic, or code-breaking, systems (an NSA specialty) and “outsourcing/privatization strategy and planning.” The company’s 2007 annual report spells out several other areas of expertise, including “all source analysis,” an intelligence specialty managed by the CIA and the Office of the Director of National Intelligence (DNI) that draws on public sources of information, such as foreign newspapers and textbooks, to add texture to data gathered by spies and electronic surveillance.

It stated that the Booz Allen team “employs more than 10,000 TS/SCI cleared personnel.” TS/SCI stands for top secret-sensitive compartmented intelligence, one of the highest possible security ratings, which would make Booz Allen one of the largest employers of cleared personnel in the United States.

Sounds just like the company they would want for control of intelligence.

[edit on 8-3-2008 by JBA2848]

[edit on 8-3-2008 by JBA2848]

In January 2008, after rumors of a Carlyle takeover of Booz Allen surfaced in the press, SEIU issued a blistering press release denouncing the potential deal. The union’s criticism of the proposed acquisition didn’t focus on Booz Allen’s role in intelligence outsourcing but on Carlyle’s ties with the Mubadala Development fund of the Government of Abu Dhabi. In 2007, that fund paid $1.35 billion to buy a 7.5 percent ownership stake in Carlyle’s general partnership.

So Government of Abu Dhabi has 7.5% ownership stake in Carlyle’s general partnership. This is worse than when Bush tried to sale all our port security to them. Now he just wants to sale our major CIA spy contractor to them.

Do you need any suppressed info in this thread or should we just
talk about intelligence in general.

What happened in 911, big Intel failure.

There are more Intel working now on 911 than before 911.
Like the MIB that work over UFO sightings, any good info is
changed to their liking.
How many worked over the official 911 reports.
Science reports are all CIA copy.

We are so blanked out.

The corruption behind our government and its pursue of power is just overwhelming, more and more the truth about how this government is getting away with spiting on the civil rights of the citizens of this nation can not be denied.

Every where you look you can tell that they are spying and monitoring the people in this nation and they do not need any congress approval they just doing from the private sector and secrecy is not longer a problem.

And people still are blind to what our nation has become, this people were on meetings with Arabs when the 9/11 was just hitting America, now this people has sold their soul and Americans right for money.

Now I'm a bit confused; yesterday on this board was a report that CG had just defaulted on several margin calls for relatively small amounts in the $10-20 million range. Today I read this article speculating about their purchase of the spook business that BAH might spin off.

The first article was fact-based, and this speculative one is, well, speculative. CG can't pay its bills, but is going to buy up a huge defense contractor? Or is that why they're not paying their bills?

With 300 or so VPs, maybe BAH wants to split itself up and a clique of their own VPs takes control of the spooks works. That seems to me more logical in light of CG's current financial situation.